USPs of Table No 817
- Only one time premium deposit
- Fixed deposit for Kids
- Tax Benefits U/S 80C & 10.10D
- Grandparents can gift to grand children
- Safe, Secured & Guaranteed
Eligibility Conditions & Restriction
|Age||90 days completed||65 yrs NBD|
|Sum Assured||50000||No Limit|
|Maturity Age||18yrs completed||75 yrs NBD|
|Risk Cover||At the age of 8 yrs or immediately if age is more than 8yrs|
Maturity Benefit : On completion of the policy term, Non Linked Guaranteed Sum Assured together with Vested Revesionary Bonuses and Final Additional Bonuses will be paid
Death Benefit: After commencement of risk, Sum assured plus vested bonus & FAB will be paid. Before commencement of risk, premium excluding taxes will be refunded.
Loan : Loan is payable in LIC SINGLE PREMIUM ENDOWMENT PLAN after 1 years.
Guaranteed Surrender Value : In Ist yr – 70% of single premium excluding all taxes. 2nd yr onwards – 90% of single premium excluding all taxes.
ILLUSTRATION OF LIC SINGLE PREMIUM ENDOWMENT PLAN
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